Posting of Circular and Notice of General Meeting
Computacenter plc
PROPOSED RETURN OF VALUE AND NOTICE OF EXTRAORDINARY GENERAL MEETING
Computacenter plc ("Computacenter" or the "Company") confirms that, further to today's announcement regarding the proposal to return 48.7 pence per Existing Ordinary Share, equivalent to approximately £75 million, to Shareholders, it is today posting a circular to Shareholders with further details of the proposed Return of Value (the "Circular") and convening an Extraordinary General Meeting, to be held at 11 a.m. on 11 June 2013, to obtain all necessary Shareholder approvals for its implementation.
To view the Circular, please visit the Group's website at www.computacenter.com. In accordance with Listing Rule 9.6.1, Computacenter plc confirms that a copy of the Circular has been submitted to the UK Listing Authority's National Storage Mechanism. The Circular will shortly be available for inspection at: www.hemscott.com/nsm.do
Additionally, copies of the Circular are, and will remain, available for inspection at the registered office of Computacenter plc at Hatfield Avenue, Hatfield, Hertfordshire, AL10 9TW, United Kingdom and at the offices of Linklaters LLP, 1 Silk Street, London, EC2Y 8HQ, during normal business hours on any business day with effect from today and up to and including the conclusion of the Meeting.
All definitions used in the Circular apply to this announcement.
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
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Latest time and date for receipt of blue Forms of Proxy or CREST Proxy Instruction for the Extraordinary General Meeting
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11.00 a.m. on 7 June 2013 |
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Extraordinary General Meeting |
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11.00 a.m. on 11 June 2013 |
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Latest time and date for dealings in Existing Ordinary Shares. Existing Ordinary Share register closes and Existing Ordinary Shares disabled in CREST
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5.00 p.m. on 11 June 2013 |
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Record Date for the Return of Value and the Share Capital Consolidation
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5.00 p.m. on 11 June 2013 |
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B Share and New Ordinary Share issue date |
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8.00 a.m. on 12 June 2013 |
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New Ordinary Shares admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities; dealings in New Ordinary Shares commence; enablement in CREST of New Ordinary Shares and B Shares
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8.00 a.m. on 12 June 2013 |
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New Ordinary Shares and B Shares credited to CREST accounts
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8.00 a.m. on 12 June 2013 |
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Despatch of share certificates in respect of New Ordinary Shares and despatch of cheques and CREST accounts credited, as appropriate, for fractional entitlements
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Week commencing 17 June 2013 |
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Latest time and date for receipt of white Forms of Election and TTE instructions in respect of the B Share Alternatives
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5.00 p.m. on 19 June 2013 |
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Credit Suisse makes the Purchase Offer by means of an announcement on the Regulatory News Service of the London Stock Exchange
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8.00 a.m. on 21 June 2013 |
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Purchase of B Shares by Credit Suisse to be completed and Credit Suisse to be registered as the holder of such B Shares
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By 11.59 p.m. on 21 June 2013 |
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Single B Share Dividend Record Date |
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7.30 a.m. on 24 June 2013 |
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Single B Share Dividend declared and B Shares automatically convert into Deferred Shares
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8.00 a.m. on 24 June 2013 |
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Despatch of cheques or CREST accounts or nominated bank accounts credited in respect of the Single B Share Dividend, the purchase of B Shares by Credit Suisse and fractional entitlements
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5 July 2013 |
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Notes: |
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(1) All dates are subject to change. |
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(2) References to time in this document are to London time. |
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(3) If any of the above times or dates should change, the revised times and/or dates will be notified to Shareholders by an announcement through the Regulatory News Service of the London Stock Exchange. |
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(4) All events in the above timetable following Listing are conditional upon Listing. |
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(5) Shareholders holding their Existing Ordinary Shares in uncertificated form should refer to paragraph 2 of Part VII of the Circular for information on electing and settling through CREST for the purposes of the Return of Value. |
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Credit Suisse Securities (Europe) Limited, which is authorised and regulated in the UK by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting as financial adviser and corporate broker to Computacenter and is acting for no-one else in connection with the Return of Value, the Purchase Offer or any other matter referred to in this announcement, and will not be responsible to anyone other than Computacenter for providing the protections afforded to customers of Credit Suisse Securities (Europe) Limited nor for providing advice to any other person in relation to the Return of Value, the Purchase Offer or any other matter referred to in this announcement.
Enquiries:
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Computacenter plc: |
01707 637 000 |
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Mike Norris, CEO |
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Tony Conophy, CFO
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Credit Suisse: |
020 7888 8888 |
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John Hannaford Michael Taylor
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Tulchan Communications: |
0207 353 4200 |
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James Macey White |
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This information is provided by RNS